Hiscox Ltd has announced the purchase and cancellation of its own shares from Peel Hunt LLP as part of its share repurchase program. On 02 April 2024, the company bought 177,453 ordinary shares at prices ranging from 1,228.0p to 1,249.0p, with a volume-weighted average price of 1,234.9p per share. All the purchased shares will be canceled. The detailed information of the individual trades made by Peel Hunt as part of the share repurchase program is provided in accordance with the UK version of Regulation (EU) No. 596/2014.

The individual transactions include the number of shares purchased, transaction price, time of transaction, trade ID, and venue. The transactions were made on the London Stock Exchange (XLON) with varying quantities and prices. The highest price paid per share was 1,249.0p, and the lowest was 1,228.0p. The company will cancel all the purchased shares, as per the announcement.

This move is in line with the authority granted by Hiscox's shareholders as part of its share repurchase program, which was detailed in the announcement made on 5 March 2024. The company's decision to repurchase its own shares indicates a strategic financial move and confidence in its future performance.